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and treasury secretary timothy geithner. >> we are flabbergasted. we have seven weeks between election day in the end of the year. three of those weeks have been wasted. >> we are not going to extend an extension of the tax rates. we think they need to go back to those levels. if you don't do that, you have to ask yourself, whose taxes are we going to raise? were we going to find the money bring a balanced plan in place? jenna: senator lindsey graham, a republican known for reaching across the aisle, not looking at this with a great deal of optimism. >> i think we're going over the fiscal cliff. it's pretty clear that they have made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has ma
on that story, thanks so much. >> in the meantime, new developments on the bloody civil war going on. electing a new military commander, in the meantime, meanwhile, rather, security officials from the u.s., britain, chance and the gulf region talks answered at the conflict in trying syria apart days before the conflict of the friends of syria meeting, a grouping of dozens of countries pledging nonmilitary support to help rebels out. and-- president obama asking congress for more than 60 billion dollars to help east coast states recover from the devastation of superstorm sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a needed recovery effort and to help the
economy and those seeking work. i came out the day after the election to put revenues on the table, to take a step toward the president to try to resolve this. when is he going to take a step towards us? >> can you see some way that you could agree to tax rate increase and protect small businesses at the same time, maybe going with the 37%, or some middle ground? >> there are a lot of things that are possible to put the revenue that the president seeks on the table, but none of it is going to be possible. if the president insists on his position, insists on my way or the highway. that is not the way to get to an agreement that i think is important for the american people and very important for our economy. thanks. >> reporter: for more on the fiscal cliff let's bring in bob sue sack, managing editor of the hill. thanks for joining us. >> thanks for having me on. >> reporter: he says this is a slow walk for our economy to the edge of the fiscal cliff, and if the president doesn't like the republican's plan he has an obligation to send them one that can pass both houses of congress a
in tax hikes and then once re-elected he doubled it. even if he gets that higher amount, we did some calculations, that is only going to pay for about 16 days of government spending. aren't taxes insignificant compared to entitlement reform which you and i were talking about, president obama promised he would tackle it in his first term? >> entitlement vessel basically everything which is another reason going off the cliff in the long term is not going to be that beneficial. there is nothing in the peelts for going off the cliff that address our long term entitlement problems. you still have that problem. >> gregg: i apologize you. we have breaking news we have to get to. jamie weinstein, thanks. >> heather: news conference going on in irving, texas where the police department is talking about a car accident that has left one dallas cowboys teammate dead and another behind bars. let's listen. >> okay. the irving police department is investigating a single fatality accident involving two dallas cowboy football players. at approximately 2:21 this morning, joshua brent was traveling wes
and new year's, and that's what the american people want. they are elected to govern and that's part of the job. >> do you agree with chip that it will be a temporary fix? >> i don't know. >> it will just take us into the new year, or will they do a grand bargain here? >> well, i think you could get a grand bargain, but i think you can't do the kind of detailed work that has got to be done. as the president said entitlement programs are on the table. if you want to have a serious study you will not get that done before christmas. a lot of the tough work about how we are going to reduce spending and we agree we have to reduce spending will go into next year. i think there could be significant work that gets done. >> i will give you the last word, a couple second. >> i hope so. i wish we all have a merry christmas. congress will do what congress does best which is kick the can down a couple more months. >> the best holiday wishes to you and your family. thank you for joining us. and for much more on the fiscal cliff on fox news sunday chris wallace will sit down in an exclusive intervi
Search Results 0 to 4 of about 5

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